Watch These Nvidia Stock Price Levels Amid Continued Slump for AI Favorite
Key points
- After the Trump administration stated on the weekend, NVIDIA’s stock price fell, which increased the huge losses related to the low -cost AI model of Chinese startup Deepseek.
- Last week, NVIDIA stocks fell below the rising wedge -shaped model with the highest transaction volume since August 2023, which indicates that institutional sales participation.
- Investors should watch the key support level on the NVIDIA chart, with a left and right $ 96, $ 76 and $ 50. At the same time, the important resistance levels are close to $ 130 and $ 150.
nvidia (NVDAAfter the Trump administration stated on the weekend, the stock fell after levying tariffs on major trading partners, which increased the huge loss of stocks last week, which has intensified concerns about the low -cost AI model of Chinese startup Deepseek.
25 % of the tariffs imported by Mexico and most Canadian imports, and the tariffs from all commodities from China have aroused people’s wider attention globally trade war You can see the country introduced Countermeasure About items including American AI chips.
NVIDIA’s stock price fell by more than 2 %, and it fell 16 % at about $ 117 on Monday. last week after Deepseek’s success, This has caused people’s concerns, that is, Big Tech’s investment in chip manufacturers’ expensive AI products may weaken.
Since its record in early January, NVIDIA’s stock price has lost nearly a quarter of the value, but it has increased by about 80 % in the past 12 months.
Below, we narrowed NVIDIA’s Weekly map Determine the important long -term price level worth seeing.
The rising wedge failure
NVIDIA stocks fall under seven months Rising wedge Last week’s model was the highest trading volume since August 2023, which indicates that mechanism Sales participation.
and, Relative intensity index (RSI) The minimum threshold to the minimum level since December 2022 confirms the increase in sales momentum.
Increasing the market volatilityLet’s confirm the key Support and resistance Investors may be concerned.
Keep the key support level to watch
one break down Below MA below the 50 cycles of this week may drop NVIDIA’s stock price to about $ 96. On the chart, they may find support near March near March peak And August.
Watch the next lower level of support is about $ 76. Buyers may find Entrance point This area near April Pull back Below a low point at the end of the stock trend From October 2022 to June last year.
The close distance below the area opened the more important door correct arrive psychology $ 50. These stocks may attract the support of the location near the MA 200 cycle, which is currently consistent with the peaks of the stock in August 2023 and November 2023.
Important level of resistance to monitor
After the restoration, investors should initially monitor the level of $ 130, and the region may encounter sales pressure at the peak in August 2024 and the trough in December.
Finally, the subsequent purchase may re -examine the level of $ 150 in NVIDIA stocks. The recently purchased investor Sell Can see Lock in profit Close to a series of price points at high stock records.
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As of the writing of this article, the author does not have any of the above securities.